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Madison County, AL · Sold

AL-578525

6418 County Road 392

$473,900
$1,971/ac · 240 ac
Acreage240 ac
Price per acre$1,971/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedFeb 11, 2025
Coordinates34.8364, -86.4522
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Madison County, Alabama. Timber tracts and hunting land across the Black Belt and Appalachian foothills.

View Madison market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope26.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,918 ft of deeded road frontage.

Power14,068 ft away

A long utility run — price in solar/off-grid instead.

Buildable area140.09 of 240.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$556,953
$491,506$622,401 · $2,316/ac on 240 ac
Asking vs estimate
-14.9%
Priced below the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $473,900
Maximum allowable offer
$318,259
$1,324/ac · +30.0% target margin

You need $155,641 off asking to hit this margin.

All-in cost$345,311
Net resale$512,397
Projected profit$167,086
ROI+48.4%
Annualized+69.2%
Break-even resale$1,561/ac
Profit if resale lands off target
-20%
$64,607
-10%
$115,846
0%
$167,086
+10%
$218,326
+20%
$269,566
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-798312
Gravel · Power at road
206.1Jul 27, 2026$577,7002,8032,2867.4 mi
84
AL-848033
Gravel · Full utilities
168.4Oct 27, 2025$580,3003,4462,2485.9 mi
75
AL-648598
Dirt · Full utilities
253.5Dec 29, 2024$710,4002,8022,4627.2 mi
73
AL-288229
Gravel · Full utilities
194.1Mar 19, 2024$562,5002,8992,09411.1 mi
72
AL-857241
Gravel · Power at road
94.9Jan 20, 2026$268,3002,8281,92210.4 mi
71
AL-209832
Gravel · Power at road
619.8Feb 13, 2026$1,300,6002,0982,4116.3 mi
70
AL-819700
Dirt · Power at road
563.3Oct 31, 2024$1,195,7002,1232,9018.8 mi
59
Show adjustment detail for the top comp
  • Tract size (206.08 ac → 240.46 ac)-4.3%
  • Utilities (Power at road → Off grid)-15.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.